Edward John Ray (born September 10, 1944) is an American economist who became the 14th president of
Oregon State University on July 31, 2003. Prior to joining Oregon State, Ray was executive vice president and provost of
Ohio State University
The Ohio State University (Ohio State or OSU) is a public university, public Land-grant university, land-grant research university in Columbus, Ohio, United States. A member of the University System of Ohio, it was founded in 1870. It is one ...
for the previous six years. At OSU, Ray earned $648,648 for his position as president and $17,550 for his position as professor in the School of Public Policy, for a gross salary of $666,198. He also serves as chairman of the
NCAA
The National Collegiate Athletic Association (NCAA) is a nonprofit organization that regulates College athletics in the United States, student athletics among about 1,100 schools in the United States, and Simon Fraser University, 1 in Canada. ...
's Executive Committee.
Early life and education
Ray was born in
Jackson Heights, Queens. Ray received his undergraduate degree in mathematics from
Queens College, City University of New York in June 1966, graduating ''cum laude'' and
Phi Beta Kappa
The Phi Beta Kappa Society () is the oldest academic honor society in the United States. It was founded in 1776 at the College of William & Mary in Virginia. Phi Beta Kappa aims to promote and advocate excellence in the liberal arts and sciences, ...
. He earned his master's degree in economics from
Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...
in 1969 and his doctorate in economics from Stanford in June 1971.
His work has been published in ''
The American Economic Review'', ''
The Journal of Political Economy'', ''
The Quarterly Journal of Economics
''The Quarterly Journal of Economics'' is a Peer review, peer-reviewed academic journal published by the Oxford University Press for the Harvard University Department of Economics. Its current editors-in-chief are Robert J. Barro, Lawrence F. Kat ...
'', ''
The Review of Economic Studies'' and other leading journals. He has co-authored a principles text, and his book, "U.S. Protectionism and the World Debt Crisis" was published by Quorum Press in 1989.
His wife Beth (1946-2014) was a counselor and assistant dean in the College of Arts and Sciences at
Ohio State University
The Ohio State University (Ohio State or OSU) is a public university, public Land-grant university, land-grant research university in Columbus, Ohio, United States. A member of the University System of Ohio, it was founded in 1870. It is one ...
. They have three children and three grandchildren. On March 21, 2014, she died from lung cancer.
Career

Academic administration
Ray was a member of the
economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and interac ...
faculty at Ohio State from 1970 to 2003. At the time of his appointment to lead the department in 1976, just six years into his tenure and only 31 years old, he was the youngest person ever to serve as department chair in the university's history.
He remained in that capacity until May 1992 when he accepted the job as Associate Provost, one year later becoming Senior Vice Provost and Chief Information Officer, and eventually Executive Vice President and Provost from 1998 to 2003.
Among his notable accomplishments during that time are the growth of its enrollment from 19,000 to over 31,000 students, the completion of the first fundraising campaign to generate more than one billion dollars, the expansion of the
Oregon State University Cascades Campus in
Bend into a four-year degree granting institution, and the elevation of the forestry and oceanography programs to global rankings of second and third respectively, as measured by the
Center for World University Rankings
College and university rankings order higher education institutions based on various criteria, with factors differing depending on the specific ranking system. These rankings can be conducted at the national or international level, assessing inst ...
in 2017.
On Ray announced that he would be retiring at the end of his current five-year contract, effective on , to be replaced by
F. King Alexander.
NCAA Chairmanship
Ed Ray was one of the key architects, along with NCAA President
Mark Emmert, of the unprecedented sanctions against the
Penn State football program in the aftermath of the
Jerry Sandusky scandal. On July 23, 2012, the NCAA issued penalties that included a 4-year bowl ban, severe scholarship reductions, the vacating of 112 wins from 1998-2011, and a $60 million fine against the school. The decision by the NCAA was extremely controversial, as the NCAA has never involved itself in a criminal matter and the NCAA had nothing in its bylaws that would justify this action. Many claimed that the decision was made to bolster the NCAA's public image, which had taken a hit in recent years due to weak punishments for infractions. In response to the sanctions, Pennsylvania state senator Jake Corman and the estate of former Penn State football coach, Joe Paterno, filed separate lawsuits against the NCAA.
During the discovery phase of Corman's lawsuit, it was revealed in internal emails that the NCAA worked closely with Louis Freeh
in his investigation of the Sandusky scandal. In addition, emails revealed that many in the NCAA questioned whether they had the authority to sanction Penn State and that some officials wanted to "bluff" Penn State's leadership into accepting a severe punishment, because they believed that they did not have the authority to punish Penn State.
On January 15, 2015, Ray's deposition in the lawsuit was made public, in which he admitted under oath that he did not read the Freeh Report nor had he reviewed the consent decree drafted by the NCAA before he appeared in a press conference, along with Emmert, announcing the severe sanctions against the Penn State football program. The following day, the NCAA settled the Corman lawsuit by withdrawing all remaining sanctions against Penn State, including the vacating of the program's victories from 1998-2011, returning Joe Paterno to his status as the winningest coach in Division 1 football history.
References
External links
*
{{DEFAULTSORT:Ray, Ed
Living people
Queens College, City University of New York alumni
Ohio State University faculty
Presidents of Oregon State University
Oregon State University people
Stanford University alumni
1944 births